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Quite the beat down today.
LOL!! When is WOWIO launching? These guys just rub it in the face of the SEC.
I am shocked as to how stupid the SEC is.
The shenanigans being pulled by Altounian and Janes are so easy to spot it is just silly.
Ain't that the truth!! Brian Altounian is likely Dean's puppeteer.
The fat lady has already sang and ate the box of donuts.
Dean Janes is smiling in the corner with powdered sugar all over his nose.
If King and execs would keep their hands out of the cookie jar then the stock would be higher. Over $1M/year for King's inept services.
Where can I find info on their cloud computing solutions? I see only web hosting/ecommerce type stuff.
Unfortunately, isn't the SEC action against Dean only civil and not criminal?
He deserves to be sitting in jail next to Altounian.
You would have done the robot dance? Seems a little off topic for this message board?
Oh wait, you meant "bought".
Yes, the site looks like a high school kid put it togegether or maybe King did it himself?
Maybe the janitor put together the site and King promised not to fire him and take his bonus for himself?
It's good to be the King says King.
No, it will rocket back to $4.xx.
Yeah, what kind of moronic BK judge does that? Was he/she that stupid or were they paid off too?
What's up with the Wells Notice from the SEC? Thought they would shut this down before it ever got to trading again.
I beg to differ!!
BADJ's new medical device
I am starting a new company called BADJ to launch this new fascinating medical device. I have patents. Private investors being accepted now with a liquidation event on OTC.
The biggest "tell" is that Dean wasn't bought out after Toshiba supposedly saw the unit in action years ago. Yes, Dean could have simply not wanted to sell, but remember Dean loves money. If the product was soooooo great and worked soooooo well then Toshiba (or others) would have helped finance the development of the system.
Don't feed the count.
Things looking good for ol' Dean-o. Looks like he sold his house for $905K also. I would gather that he is looking for property in Thailand. Watch out for those Adam's Apples Dean!!
Agree. Nessen is pretty stupid to continue to hide out. The SEC may have been born at night, but not last night.
Or maybe we should believe that Nessen is just naive? He has no clue what's going on right?
"If PPM investors choose to go through the extra steps to sell after six months then shares will become available to trade now and into early May. That’s an approximation but without auditing all the investments it’s pretty close. There were some early investors who for the most part were PPM investors from previous placements and tend to be long, at least they have in the past.
In the past and since this six month time frame has existed (2 years this month) most investors have held off until 12 months because of the tax rates and the work required to get a legal opinion letter. The past does not predict the future necessarily but that was the experience with previous PPM’s.
Thanks,
Mike"
Maybe he is just that bad of a business wimp?
Hahahahahahaahhahahahahahahahaha
Hahahahahahaahhahahahahahahahaha
Hahahahahahaahhahahahahahahahaha
Hahahahahahaahhahahahahahahahaha
Those fund are likely out of the country already. Remember, Dean went to Thailand. Most likely, to scout out a residence for afterwards. The SEC would be wise to yank his passport.
I thought everyone was supposed to wear lead underwear to the the demo.
The DVIS does not produce diagnostic quality images as advertised. It 100% does not work. It is an utter failure.
Logic says that if it actually worked, Dean would have been snapped up for 100's of millions of dollars by the big boys and he would not be in the predicament he is in now. Instead, he is a liar a fraud and a future prison inmate. Every employee down to the russian programmer need to serve time.
100% fraud. Device does not work.
Wrong. Mike knew exactly what was going on.
No possible way. Too small of a company. Even the janitor knew the device didn't work.
....or Becky Krames....or the "IT Guy".
Stockmaster has it exactly right. Read the latest "newsletter" from Alliance (Altounian and Janes).
The freudian slip is in pure black and white for you.
"Which leads me to share some interesting news about two of our portfolio companies. First, if you are an investor in WOWIO, you know that we are in the SEC review process right now to get out to the public market on the Over-the-Counter Bulletin Board. We have received two comment letters from the SEC and two comment letters from FINRA and we are well on our way to answering those comments and closer to our goal than ever. This is the first of our companies to get this far along in achieving an exit strategy and liquidation event as Alliance has 12,750,000 shares in WOWIO and we should see a public-market exit within the next 30-60 days. As that company gets closer to achieving its goals, we will inform you of the status regularly. You can find out more about the company at the corporate website: http://www.studiowdigital.com."
How do you think it will be impacted?
Does the SEC follow through on Wells Notices?
Are all parties given amnesty no matter the involvement?
These are the questions.
No, but he has been listed in every email correspondence I have had with the SEC. Every single one. You can bet he is a person of interest who will be used to put the nails in Dean's coffin. Too bad he'll get off if he helps out because he was just as involved complicit in this scheme as Dean and Becky.
Send your info here: americangreed@nbcuni.com
Wall Street does not trust Thomas King. Plain and simple.
Who would trust Thomas King? All he does is give himself bonuses.
Pretty good deal huh? $990,000 in stock for $66,000 in compensation due.
Woe is me says Brian and Dean:
It has been quite a while since we sent out an update regarding the progress of our company and we deeply regret the long delays between communications. Dean Janes and I have been handling issues within our own companies and doing what we can to right the ship during a demanding 18-month period. The lessons learned over the past 2+ years were valuable reminders that the challenges that face young start-up companies are multi-faceted and complex. Dean and I are both committed to creating companies of real value and giving investors an opportunity to participate in the early-stage formation with the hope that, upon execution of the founder’s vision, there is an upside in value for all stakeholders.
Which leads me to share some interesting news about two of our portfolio companies. First, if you are an investor in WOWIO, you know that we are in the SEC review process right now to get out to the public market on the Over-the-Counter Bulletin Board. We have received two comment letters from the SEC and two comment letters from FINRA and we are well on our way to answering those comments and closer to our goal than ever. This is the first of our companies to get this far along in achieving an exit strategy and liquidation event as Alliance has 12,750,000 shares in WOWIO and we should see a public-market exit within the next 30-60 days. As that company gets closer to achieving its goals, we will inform you of the status regularly. You can find out more about the company at the corporate website: http://www.studiowdigital.com.
Second, we are excited about the process we are exploring with another portfolio company, Hone & Strop. As a reminder, Hone & Strop is a luxury men’s lifestyle company with a line of high-end luxury skin care items for men. Primarily, though, it is a lifestyle company that will promote it’s philosophy and wares online and through social media. To understand what this means, take a look at the company’s ongoing blogsite: http://www.classicsir.com. From this site and with the help of planned social media campaigns, the company can promote its skin care products and an entire line of luxury items geared toward men in a whole new way. We first got interested in this company because of its use of social media and online sales to promote a high-end line of products, something that has not really been done before with great success. We believe in the CEO, Rodney Bell, and his determined efforts to keep this vision alive in this nascent stage. After our initial investment in late 2010 and early 2011, the company has tried to find other sources of capital through the Angel/VC route. However, those players, after sitting on the sidelines for two+ years, are now looking for the next tumblr, instagram and snapchat. Hone & Strop, while being attractive and showing value as a lifestyle brand, still sits outside the strike zone for those players.
In light of that, we have come up with an idea that we think will set the table as a model for all other Alliance projects in the future. As we have mentioned consistently in the past, we like the public market play for a variety of reasons (access to real working capital, liquidity for our investors, a public platform to announce news, etc.), but through our own experiences, we have suffered through numerous delays that can be attributed to outsides parties to that longer S-1 registration process (auditors, lawyers, SEC, FINRA and others). We want to create a stepping stone or a shortcut to that process, which will be to do an immediate filing to get the company listed on the pink sheets first, with a goal of getting enough capital to execute on the business plan and start to generate revenues. During this process, the company can then go through the S-1 Registration process to register shares of all initial shareholders – a process that can take no less than 3 months, but as long as 2 years. The benefit of starting on the pink sheets is the effort of the company to raise capital won’t be hindered by the delays caused by the S-1 Registration. There are more nuances to this approach, but this is a quick summary of our strategy.
To that end, and as a reward for sticking with us as Alliance shareholders, we are going to issue shares in Hone & Strop to each of you as a dividend from Alliance’s holdings in that company. You will, in essence, be shareholders of Hone & Strop with the number of shares relative to your ownership of Alliance shares. We are working with our attorney and Glendale Securities to prepare this company for listing on the pink sheets and for the eventual move to the OTC and then hopefully to NASDAQ, if warranted. Throughout this process, and within 6 months of our launch, you will have liquidity on the market and you will be free to trade those shares at any point, if you so desire. If we are as successful with this process as we believe we can be, this model will become the new model for any and all new Alliance investments – a quick move to the market in a stepped process from Pink Sheet listings to OTC and beyond. We have had success with a number of companies in the past on the OTC market and we believe we will have success again in the future, providing a successful path to growth for the companies and a liquidation option for all of you as shareholders.
From the beginning, we identified a number of companies/projects that represented a broad selection of opportunities. There were public companies, private companies looking to go public, and revenue-generating projects in our portfolio. Some of Alliance’s holdings in those companies represented equity from a capital investment, others were equity for advisory roles we took in the company. Our goal all along, with all of these opportunities, was to be involved in the companies by bringing our networks of influence to support the efforts of management and hope for a successful exit or liquidation event to the benefit of our shareholders.
Over the course of the last 4 years, we have been involved with over a dozen companies and projects. Over the next several weeks, we will give you an update on each project and share with you the good, the bad and the ugly so you know exactly where we stand with each company. We originally started Alliance with a team of executives that provided support in the areas of operations, legal, technical, design, administrative, finance and accounting. In some cases, we incubated the companies and housed them within our offices for close proximity to our team and to each other. This worked well with some but not for others. Today, our role is merely as advisor and/or board member. We still hold our positions in the companies that are still active and we are targeting liquidation events and exit strategies for all of those holdings.
There will be more news to come over the next few weeks as we solidify this strategy. Please email us at info@alliance-acquisitions.com with any updates to your personal records so we may send you further information. We may also be calling you or emailing you directly to update our database.
Also, please feel free to follow us on Twitter, Facebook, Instagram and other social media outlets for additional information.
Thank you and stay tuned.
-Brian and Dean
Yes, Altounian needs to go down as well. Check his Twitter account for tweets regarding his visits to the IMGG office and the timelines.
This sums Dean Janes and the DVIS up in one brief sentence:
“scientifically invalid and useless.”
MoneyTV hilarious. Dean can not hide the lies that his face gives away. Study facial movements and discovering lies. Dean is like a college study case.
LOL. No, just mocking the poster. That poster used to be long alxa and is now spewing gloom and doom.
For me, I have posted a lot of negative about alxa in the past because there was nothing to be positive about. If you listened to me you saved/made money. Now, alxa has a 60/40 chance of success. You have to remember that King will rape the shareholders no matter what.
Too high. It is going sub-$1.50 by the end of next week.
Polk will be fine as soon as Dean gets the FDA submission and the DVIS approved and sales going. Chuckle, chuckle....
Oh wait, the DVIS is a scam device. Too bad that judges don't see through that stuff.
I wonder what's going on with that Wells Notice from the SEC?
Azimuth dilution won't have any effect. You will approach $6 around product launch with TEVA in 3Q 2013 and then it will move up/down based on sales numbers.
I recommend making friends with someone in psychiatric care who may administer this product to get their first impressions. As with anything Thomas King related, insiders will get early numbers leaked to them and the price movement will reflect that.